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CBRE - Melbourne

297-301 Edwardes Street Reservoir, VIC 3073

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297-301 Edwardes Street,
Reservoir, VIC 3073

Warehouse, Factory & Industrial

Key property information

Land area

Floor area

Tenure type

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CBRE - Melbourne
Jake George
Josh Deluca
Daniel Eramo
Charlie Betts

CBRE - Melbourne

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - Melbourne
297-301 Edwardes Street
Reservoir, VIC 3073

Map of 297-301 Edwardes Street

Directions

Infill Investment Gem: Excellent Location with Significant Value Add

  • Short WALE – Near-term rental reversion
  • Prime infill location
  • Substantial 8,975sqm* land holding
CBRE is excited to exclusively present 297-301 Edwardes Street, Reservoir For Sale via Expressions of Interest closing Thursday 23rd October 2025 at 4:00pm (AEDT).

Located in the sought-after Reservoir industrial precinct, this exceptional investment opportunity comprises a key 'Last Mile' location with significant future upside.

Situated on a generous 8,975sqm Industrial 1 zoned land parcel, the property is fully leased to Lucar Cargo Van, one of Australia’s leading refrigerated semi-trailer manufacturers and suppliers of road transport equipment.

The property comprises 5,141sqm of office/warehouse improvements, perfectly suited to manufacturing and logistics operations.

The facility boasts an upgraded power supply and a range of overhead gantry cranes (1T-10T load capacity), offering operational efficiency and versatility.

Key Investment Highlights:
+ Substantial 8,975sqm land holding in Melbourne’s tightly held inner north
+ Functional office/warehouse improvements with a total GLA of 5,141sqm
+ Passing rental of $380,000pa + GST & Outgoings, considered underlet, indicating clear scope for increased returns
+ Short WALE of 2 years presenting near-term rental reversion potential
+ Existing tenant with over 50 years in business

For further information, or to arrange an inspection, please contact the listed CBRE agents.

For Sale via Expressions of Interest closing Thursday 23rd October 2025 at 4:00pm (AEDT).

*Approx.

Reservoir, 3073 demographic data

The median household income for Reservoir is $1,541, 19% lower than Greater Melbourne's household income of $1,901. Reservoir has an older age profile compared to the rest of Greater Melbourne (median age 38 vs 37). Property ownership data shows 47% of property owners in Reservoir have a mortgage.

51,096
Population
$1,541 per week
Median household income
38 years
Median age
Owners
Most residents
Families
Most households

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